Malaysian Restaurant, East Auckland

Malaysian Restaurant, East Auckland — Food & Beverage · East Auckland · Asking $189,000 + Stock · Revenue $832,000

A lovely Malaysian restaurant in East Auckland in a residential-commercial area A stable customer base with steady weekly turnover and seating for 60 Reasonable weekly rent covering rates and GST The current owner is not involved day-to-day, with a trusted team of 10 years' experience managing operations An urgent sale due to the manager's health issues; stock purchased on top of the price

DealProspect/Listings/Food & Beverage

Malaysian Restaurant, East Auckland

Restaurant

ActiveFood & BeverageAucklandB2C

Find funding for this deal →View original listing ↗

Asking price

$189,000 + stock

Disclosed · NZD

Revenue

$832,000

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

A lovely Malaysian restaurant in East Auckland in a residential-commercial area
A stable customer base with steady weekly turnover and seating for 60
Reasonable weekly rent covering rates and GST
The current owner is not involved day-to-day, with a trusted team of 10 years' experience managing operations
An urgent sale due to the manager's health issues; stock purchased on top of the price

Restaurants in Auckland

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Listed

+8 in 30 days

Median asking

$150K

54 priced

Median revenue

$726K

38 disclose

Earnings multiple

2×

61 listings

Time listed

58d

30 tracked

Price drops

in 30 days

Asking price spread54 of 58 state a price

This listing · $189K

33%

41%

19%

Under $100K$1M–$2.5M

New Zealand 105 · Canterbury 13

Takeaways 64 · Cafes 46 · Wholesale and distribution businesses 19 · Liquor stores 14 · Building and construction businesses 13 · Manufacturing businesses 13

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